Texas Instruments Incorporated (NASDAQ:TXN) has been upgraded to Buy in a report by B. Riley today.
- Updated: October 1, 2016
B. Riley has upgraded Texas Instruments Incorporated (NASDAQ:TXN) to Buy in a report released on Friday September 30, 2016.
On 9/14/2016, Robert W. Baird released a statement on Texas Instruments Incorporated (NASDAQ:TXN) increased the target price from $70.00 to $80.00. At the time, this indicated a possible upside of 0.19%.
Just yesterday Texas Instruments Incorporated (NASDAQ:TXN) traded 0.49% higher at $70.18. Texas Instruments Incorporated’s 50-day moving average is $69.41 and its 200-day moving average is $63.21. The last stock close price is up 11.02% from the 200-day moving average, compared to the S&P 500 Index which has decreased -0.01% over the same time period. 5,071,022 shares of the stock traded hands, down from an avg. volume of 5,182,100
Texas Instruments Incorporated has one year low of $46.73 and a one year high of $72.58 with a PE ratio of 23.65 and has a market capitalization of $0.
A total of 28 equity analysts have released a ratings update on TXN. 6 analysts rating the company a strong buy, 9 brokers rating the stock a buy, 19 brokerages rating the stock a hold, 3 firms rating the stock a underperform, and finally 0 equity analysts rating the company a sell with a one year price target of $62.52.
More About Texas Instruments Incorporated (NASDAQ:TXN)
Texas Instruments Incorporated designs, makes and sells semiconductors to electronics designers and manufacturers across the world. The Company operates through two segments: Analog and Embedded Processing. Its Analog segment's product line includes High Volume Analog & Logic (HVAL), Power Management (Power), High Performance Analog (HPA) and Silicon Valley Analog (SVA). Its Embedded Processing segment's product line includes Processor, Microcontrollers and Connectivity. It is also engaged in smaller product lines, such as DLP products (primarily used in projectors to create high-definition images), certain custom semiconductors known as application-specific integrated circuits (ASICs) and calculators. The Company has design, manufacturing or sales operations in over 30 countries. It also offers baseband products, and OMAP applications processors and connectivity products, which are sold into smartphones and consumer tablets.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.